Nvidia announces Blackwell Ultra and Vera Rubin AI chips
- Nvidia CEO Jensen Huang announced new AI chips, including Blackwell Ultra, affirming the growing need for computing power in AI, which has significantly increased over the past year.
- Despite Huang's optimistic statements, Nvidia's stock dropped over 3%, closing at $115.73 and is down nearly 20% in the last month, raising investor concerns.
- Huang stated that Nvidia will partner with General Motors to develop self-driving vehicles, reflecting the company's expansion into the automotive sector.
- Nvidia expects data center revenue to reach $1 trillion by 2028 due to surging demand from major cloud service providers investing in AI technologies.
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Nvidia Reveals New Artificial Intelligence Technology
The growth of AI in the past few years has been exponentially. And recent developments only point at higher speed of developments in the upcoming months. Nvidia has recently introduced a new technology and as one of the leaders in AI hardware and software, it’s bound to shift the paradigm on AI. This innovation will not only improve the efficiency of AI systems but will also have a considerable impact on various sectors. The Role of Artificial I…
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Leaning Left22Leaning Right9Center46Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 29%
C 60%
12%
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